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Do you truly believe that it’s all over for growth, that the dreams of a generation are to be tossed out the window in favor of defense primes and such? Then consider buying Meta Platforms as a value name. It might happen to grow revenue at 41% on a TTM basis, but you’re only being asked to pay 18x TTM unlevered pretax FCF. That’s less than for Raytheon.
...read full article on Seeking Alpha
